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$625,000
New Listing

1248 W 51st Place
Los Angeles, CA 90037

For Sale|Residential Income|Active
5
Beds
3
Total Baths
2,068
SqFt
$302
/SqFt
1924
Built
County:
Los Angeles
Listed by Sandra Green-Murray of SG Murray & Assoc/Playa Marina smu8253385@aol.com

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****Exceptional Value-Add Triplex Opportunity**** Two Units Delivered Vacant. Unlock the potential of this rare tri-plex, centrally located in the desirable Vermount Square neighborhood is ideal for investors, owner-users, or anyone looking to capitalize on significant upside. Situated on a generous lot, this property consists of a vacant front single-family residence with 3 bedrooms, plus two rear single units, one of which will also be delivered vacant at closing. Perfect for a buyer who can envision the possibilities. Property is a fixer and is being sold in as-is condition, offering the freedom to renovate, reconfigure, or reposition to your investment strategy. Whether you're planning to modernize the existing units, bring rents to market, or explore expansion potential (buyer to verify), this asset provides a strong foundation with room to grow. The vacant 3-bedroom front home is ready for immediate improvement or occupancy, making it an excellent choice for those interested in living on-site while renovating or for investors seeking a head start on stabilization. The second vacant single provides additional flexibility for upgrading, leasing, or redesigning for maximum return. Located near major transportation routes, shopping, dining, and employment centers, this area continues to attract consistent demand supporting long-term value and future rental growth. Opportunities with multiple vacant units, true add-value potential, and endless possibilities are increasingly hard to find. Don't miss the chance to transform this diamond in the rough into a standout income-producing property.

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Listing Snapshot
Price 
$625,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
2,068 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1171 Acres
Year Built 
1924
MLS® Number 
25625577
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
34 minutes agoListing updated with changes from the MLS®
9 hours agoListing first seen on site
General Features
Acres 
0.1171
Levels 
One
Number Of Stories 
1
Property Condition 
Fixer
Security 
Gated Community
Special Circumstances 
Standard
SqFt Total 
2068
Style 
Craftsman
Zoning 
LAR1
Interior Features
Appliances 
DishwasherRefrigerator
Fireplace 
Yes
Fireplace Features 
BathDining RoomLiving Room
Flooring 
TileVinylWood
Interior 
Ceiling Fan(s)
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Exterior Features
Construction Details 
Stucco
Lot Features 
Landscaped
Patio And Porch 
Front Porch
Pool Features 
None
Roof 
Shingle
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
Ground Level w/steps
Community Features 
Gated
MLS Area 
C34 - Los Angeles Southwest


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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